HomeMy WebLinkAboutRESOLUTION - 37-24 - 6/18/2024 - FIRST AMERICAN BANK SIGNATORSRESOLUTION NO.37-24
A RESOLUTION AUTHORIZING A DEPOSITORY AND CERTAIN OFFICIALS AS
APPROPRIATE SIGNATORIES (FIRST AMERICAN BANK)
WHEREAS, it has been recommended that the best interest of the Village of Elk Grove
Village would be served by designating First American Bank as a depository in which certain
funds and securities of the Village of Elk Grove Village may be deposited or held in custody;
and
WHEREAS, certain officials are designated as appropriate signatories.
NOW, THEREFORE BE IT RESOLVED, by the Mayor and Board of Trustees of the
Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois as follows:
Section 1: That the Resolution required from the First American Bank requiring
designated and authorized signatories, is hereby approved to be initially executed and revised
from time to time as required as a result of resignation or termination of employment or term
of office, as the case may be, of those officials on said Resolution.
Section 2: That the account to which this Resolution is applicable is as follows: Elk
Grove Village Investment Account.
Section 3: That the following officials are designated signatories on the account named
above: Village Manager, Village Clerk, Village Treasurer, and Deputy Village Treasurer(s).
Section 4: That this Resolution shall be in full force and effect from and after its passage,
approval and publication in pamphlet form in the manner provided by law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 18th day of June 2024
APPROVED this 18th day of June 2024
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk
PUBLISHED in pamphlet form this 20th day of June 2024.